South Dakota Statutes
§ 55-4-21 — Action on contract against trustee--Personal liability of trustee.
South Dakota § 55-4-21
This text of South Dakota § 55-4-21 (Action on contract against trustee--Personal liability of trustee.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 55-4-21 (2026).
Text
The plaintiff in an action pursuant to § 55-4-19 may also hold the trustee who made the contract personally liable on such contract, if the contract does not exclude such personal liability. The addition of the word "trustee" or the words "as trustee" after the signature of a trustee to a contract shall be deemed prima facie evidence of an intent to exclude the trustee from personal liability.
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Legislative History
SL 1943, ch 308, § 12; SDC Supp 1960, § 59.0512 (3).
Nearby Sections
15
§ 55-1-2
Trusts classified.§ 55-1-20
Trusts for noncharitable purposes.§ 55-1-21.1
Termination of trust for care of animal.§ 55-1-21.11
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Bluebook (online)
South Dakota § 55-4-21, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-4-21.